This is a bad bank making mortgage loans, completely insured by the FHA, and refusing to report the loan or your payments to any of the three credit bureaus. The result is your credit score is lower by 50 to 100 points, which is critical to working class people who need to have their timely payments reported. Domestic Bank is violating federal guidelines for all mortgage loans with federal guarantees, in Comptroller of the Currency circular 3. People at Domestic Bank will not talk to the customers about this practice. They will never admit to it. Only if you have a copy of your credit report and the loan is missing from that, will they admit, and then they will hang up the phone.
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